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Javier E

Billionaire Trump donors contract Covid-19 after downplaying risks | Coronavirus | The ... - 0 views

  • Liz Uihlein, 75, said in the message to employees: “After these long months, I thought we’d never get it. Well, Trump got it,” she said.
  • The Uihleins have an estimated net worth of about $4bn
  • Richard Uihlein is listed by the Center for Responsive Politics, the campaign watchdog group, as the fifth largest private donor to outside spending groups in the 2020 election cycle, having donated about $62m to conservative anti-tax and anti-labor groups like the Club for Growth.
criscimagnael

In a First, Man Receives a Heart From a Genetically Altered Pig - The New York Times - 0 views

  • A 57-year-old man with life-threatening heart disease has received a heart from a genetically modified pig, a groundbreaking procedure that offers hope to hundreds of thousands of patients with failing organs.
  • “This is a watershed event,” said Dr. David Klassen, the chief medical officer of the United Network for Organ Sharing and a transplant physician. “Doors are starting to open that will lead, I believe, to major changes in how we treat organ failure.”
  • It creates the pulse, it creates the pressure, it is his heart,
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  • It’s working and it looks normal. We are thrilled, but we don’t know what tomorrow will bring us. This has never been done before
  • Last year, some 41,354 Americans received a transplanted organ, more than half of them receiving kidneys,
  • But there is an acute shortage of organs, and about a dozen people on the lists die each day. Some 3,817 Americans received human donor hearts last year as replacements, more than ever before, but the potential demand is still higher.
  • Researchers hope procedures like this will usher in a new era in medicine in the future when replacement organs are no longer in short supply for the more than half a million Americans who are waiting for kidneys and other organs.
  • He is also being monitored for infections, including porcine retrovirus, a pig virus that may be transmitted to humans, although the risk is considered low.
  • But he added that there were many hurdles to overcome before such a procedure could be broadly applied, noting that rejection of organs occurs even when a well-matched human donor kidney is transplanted.
  • It takes a long time to mature a therapy like this.”
  • Mr. Bennett decided to gamble on the experimental treatment because he would have died without a new heart, had exhausted other treatments and was too sick to qualify for a human donor heart, family members and doctors said.
  • Mr. Bennett is still connected to a heart-lung bypass machine, which was keeping him alive before the operation, but that is not unusual for a new heart transplant recipient, experts said.
  • The new heart is functioning and already doing most of the work, and his doctors said he could be taken off the machine on Tuesday. Mr. Bennett is being closely monitored for signs that his body is rejecting the new organ, but the first 48 hours, which are critical, passed without incident.
  • It is the first successful transplant of a pig’s heart into a human being. The eight-hour operation took place in Baltimore on Friday, and the patient, David Bennett Sr. of Maryland, was doing well on Monday, according to surgeons at the University of Maryland Medical Center.
  • Xenotransplantation, the process of grafting or transplanting organs or tissues from animals to humans, has a long history. Efforts to use the blood and skin of animals go back hundreds of years.
  • In the 1960s, chimpanzee kidneys were transplanted into some human patients, but the longest a recipient lived was nine months.
  • In 1983, a baboon heart was transplanted into an infant known as Baby Fae, but she died 20 days later.
  • Two newer technologies — gene editing and cloning — have yielded genetically altered pig organs less likely to be rejected by humans.
  • the time to carry out better screening for infectious diseases, and the possibility of a new organ at the time that the patient needs it.
  • The heart transplanted into Mr. Bennett came from a genetically altered pig provided by Revivicor, a regenerative medicine company based in Blacksburg, Va.
  • The pig had 10 genetic modifications. Four genes were knocked out, or inactivated, including one that encodes a molecule that causes an aggressive human rejection response.
  • A growth gene was also inactivated to prevent the pig’s heart from continuing to grow after it was implanted,
  • In addition, six human genes were inserted into the genome of the donor pig — modifications designed to make the porcine organs more tolerable to the human immune system.
  • The team used a new experimental drug developed in part by Dr. Mohiuddin and made by Kiniksa Pharmaceuticals to suppress the immune system and prevent rejection.
  • “The anatomy was a little squirrelly, and we had a few moments of ‘uh-oh’ and had to do some clever plastic surgery to make everything fit,”
  • “the heart fired right up” and “the animal heart began to squeeze.”
  • He said his father had had a pig’s valve inserted about a decade ago, and he thought his father might be confused. But after a while, Mr. Bennett said, “I realized, ‘Man, he is telling the truth and not going crazy. And he could be the first ever.’”
criscimagnael

Taliban Renege on Promise to Open Afghan Girls' Schools - The New York Times - 0 views

  • The schools were supposed to reopen this week, and the reversal could threaten aid because international officials had made girls’ education a condition for greater assistance.
  • Under the Taliban’s first rule, from 1996 to 2001, the group barred women and girls from school and most employment.
  • The news was crushing to the over one million high school-aged girls who had been raised in an era of opportunity for women before the Taliban seized power in August last year — and who had woken up thrilled to be returning to classes on Wednesday.
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  • One 12th-grade student in Kabul said the decision had stamped out her last bit of hope that she could achieve her dream of becoming a lawyer.
  • “Education was the only way to give us some hope in these times of despair, and it was the only right we hoped for, and it has been taken away,” the student, Zahra Rohani, 15, said.
  • On Monday, the Ministry of Education had announced that all schools, including girls’ high schools, would reopen on Wednesday at the start of the spring semester. The following day, a Ministry of Education spokesman released a video congratulating all students on the return to class.
  • Mehrin Ekhtiari, a 15-year-old student in 10th grade, said she and her classmates were shocked when a teacher announced the news to the classroom on Wednesday morning.
  • “My hope was revived after eight months of waiting,” she said, adding later that the announcement had “dashed all my dreams.”
  • In recent months, the Taliban had also come under mounting pressure to permit girls to attend high school from international donors, aid from which has helped keep Afghanistan from plunging further into a humanitarian catastrophe set off by the collapse of the former government and Western sanctions that crippled the country’s banking system.
  • . He attributed the decision to a lack of a religious uniform for girls and the lack of female teachers for girls, among other issues.
  • Many principals and teachers said they only received the new instructions from the ministry after students had already arrived for classes Wednesday.
  • The move came a little more than a week before a pledging conference where the United Nations had hoped donor countries would commit millions of dollars in badly needed aid, as Afghanistan grapples with an economic collapse that has left over half of the population without sufficient food to eat. It is unclear whether donors will be willing to contribute following the Taliban’s abrupt reversal on the key commitment of girl’s education.
  • The Taliban on Wednesday abruptly reversed their decision to allow girls’ high schools to reopen this week, saying that they would remain closed until officials draw up a plan for them to reopen in accordance with Islamic law.
  • When schools reopened in September for grades seven through 12, Taliban officials told only male students to report for their studies, saying that girls would be allowed to return after security improved and enough female teachers could be found to keep classes fully segregated by sex.
  • Later, Taliban officials insisted that Afghan girls and women would be able to go back to school in March, and many Western officials seized on that promise as a deadline that would have repercussions for the Taliban’s efforts to eventually secure international recognition and the lifting of at least some sanctions.
  • “I’m deeply troubled by multiple reports that the Taliban are not allowing girls above grade 6 to return to school,” tweeted Ian McCary, the chief of mission for U.S. Embassy Kabul, currently operating out of Doha, Qatar. “This is very disappointing & contradicts many Taliban assurances & statements.”
  • At one girls’ private high school in Kabul, more female students had arrived for classes Wednesday morning compared to previous years, the school’s principal said in an interview.
  • “They came to my office, crying,” said the principal,
  • The decision “doesn’t make sense at all, and it has no logic,” the principal added, noting that the new government has had over seven months to design a new uniform and address the teacher shortage.
  • Since seizing power, the Taliban have been reckoning with the need for consistent policies while struggling to tread a delicate line that satisfies their more moderate members, their hard-line base and the international community.
  • The sudden reversal on the girls’ secondary schools seemed to validate existing concerns among Western donors that, despite assurances, they are dealing with much the same Taliban as the 1990s.
  • “The Taliban have been solidifying their position and becoming hard-line on a lot of issues,” Mr. Bahiss said.
  • In recent months, the new government has issued restrictions on local media and cracked down on peaceful protests. Taliban officials have also issued new restrictions on women, including a ban on traveling farther than 45 miles in a taxi unless they are accompanied by a male chaperone.
  • “You can’t exercise your other rights if you can’t leave your house to attend your job or attend education classes,” Ms. Barr said. “It’s a really alarming sign of what may be to come, it’s likely to herald further crackdowns on women.”
ecfruchtman

Money Flows Down Ballot as Donald Trump Is Abandoned by Big Donors (Even Himself) - 0 views

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    With Donald J. Trump facing a potential rout at the hands of Hillary Clinton, a river of cash from some of the Republican Party's biggest donors has begun to flow down to Senate and House races in the final days of the 2016 campaign.
Javier E

The Final Stage of Republican Grief - The Atlantic - 0 views

  • The donors, for their part, are also starting to come around. “If Trump is the nominee, I think there would be a sufficient appetite to end the last eight years of the leftward direction and overregulated economy that the majority of donors will support him,” the veteran fundraiser Fred Malek told the Washington Post. Stan Hubbard, a billionaire from Minnesota, concurred, telling Politico, “I would kind of hold my nose doing it, but I would have to do it.”
  • For Trump to become acceptable to the party regulars, he will have to show he can act the part. “He’s got to do a number of things,” said Scott Reed, the chief political strategist for the U.S. Chamber of Commerce. “He’s got to build a national campaign. He’s got to unite the party. He’s got to run a convention. He’s got to go up against the Clintons.” But the first three items on that list were things he could be taught or helped with
  • Trump, Reed believes, will grow into the role once the nomination is in his grasp. “It’s a big responsibility, and I think he will recognize that,” he said. “He’s going to recognize that being the nominee of the Republican Party is bigger than Donald Trump. I think he’s going to mature.” He added, “That’s not based on anything factual. I just think he’ll come to that conclusion.
rachelramirez

Charles Koch thinks Hillary Clinton might be a better president than the Republican can... - 0 views

  • Charles Koch thinks Hillary Clinton might be a better president than the Republican candidates
  • billionaire brothers Charles G. and David H. Koch, arguably two of the United States's most influential big-money donors in conservative politics, have kept quiet this presidential cycle.
  • They unveiled a budget of up to $900 million for the 2016 presidential election cycle at their donors' retreat in January.
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  • , Koch said, "it's possible" that a Clinton presidency would be better than anyone currently in the Republican nomination race
  • As a result, in the past months, Clinton has shifted some positions to the left, including endorsing the $15 federal minimum wage during the Democratic debate in New York.
Javier E

G.O.P. Donors Seek to Anoint a 2016 Nominee Early - NYTimes.com - 0 views

  • With the midterms over, Mr. Christie and Mr. Bush have begun pushing top bundlers to commit to them in advance should they announce a White House bid, according to several donors, putting intense pressure on the corps of contributors who helped Mr. Romney and the Republican Party raise a billion dollars for the 2012 campaign. Those requests have intensified the discussion in some circles about whether to coalesce behind a candidate early or, alternatively, delay until after the early Republican debates next summer.
  • “When you get that call” to commit to Mr. Bush or Mr. Christie, said one prominent Republican fund-raiser, “the answer to that question is yes.”The fund-raiser, who spoke on the condition of anonymity to preserve his relationships with all three men, added: “Anything else and you’re on the B team. You’re on the second list. People that like to do this want to be on the A team.”
Javier E

Zephyr Teachout on Sheldon Silver, Corruption and New York Politics - NYTimes.com - 0 views

  • fighting the kind of corruption that plagues not only New York State but the whole nation isn’t just about getting cuffs on the right guy. As with the recent conviction of the former Virginia governor Bob McDonnell for receiving improper gifts and loans, a fixation on plain graft misses the more pernicious poison that has entered our system.
  • Corruption exists when institutions and officials charged with serving the public serve their own ends. Under current law, campaign contributions are illegal if there is an explicit quid pro quo, and legal if there isn’t. But legal campaign contributions can be as bad as bribes in creating obligations. The corruption that hides in plain sight is the real threat to our democracy.
  • The structure of private campaign finance has essentially pre-corrupted our politicians, so that they can’t even recognize explicit bribery because it feels the same as what they do every day. When you spend a lifetime serving campaign donors, it may seem easy to serve them when they come with an outright bribe, because it doesn’t seem that different.
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  • The former governor of New York David A. Paterson, for example, said that he had trouble understanding where the criminality lay in the allegation that Mr. Silver accepted payments from law firms for referrals, including referrals by a doctor to whom Mr. Silver funneled state health research funds. Mr. Paterson said, “in the legal profession, people refer business all the time. And theoretically, as a speaker, you could do that as well.”
  • In our private financing system, candidates are trained to respond to campaign cash and serve donors’ interests. Politicians are expected to spend half their time talking to funders and to keep them happy. Given this context, it’s not hard to see how a bribery charge can feel like a technical argument instead of a moral one.
  • We should take this moment to pursue fundamental reform. We must reconstitute what it means to run for office and to serve in office. We need to ban outside income for elected officials. Transparency alone is not enough; it doesn’t solve the problem of creating outside dependencies. New York lawmakers can’t carry water for two masters when in office.
  • We should reject the private financing of campaigns as the only model. We need to provide enough public funding for campaigns so that anyone with a broad base of support can run for office, and respond effectively to attacks, without becoming dependent on private patrons. Running for office shouldn’t be a job defined by permanent begging at the feet of the wealthiest donors in the country.
  • Corruption is about greed and private interests put ahead of the public good. Whether influence is bought through a bribe, outside spending, outside income or campaign contributions, the public suffers in the same way.
Javier E

The G.O.P. Policy Test - NYTimes.com - 0 views

  • When it comes to the Republican Party’s basic presidential-level problem, though — the fact that many persuadable voters don’t trust a Republican president to look out for their economic interests — it should be easy to tell whether the way a candidate differentiates himself will actually make a difference. Just look at what he proposes on two issues: taxes and health care.
  • One reason issues like immigration and education are appealing to Republican politicians looking to change their party’s image is that policy change in these areas seems relatively cheap — more green cards here, new curricular standards there, and nothing that requires donors and interest groups to part with their favorite subsidies and tax breaks.
  • On taxes, the party has been enamored of reforms — some plausible, some fanciful — that would cut taxes at the top while delivering little, or even higher taxes, to most taxpayers. (It’s an odd position for a party that is officially anti-tax to take in an age of wage stagnation, but at least the donors have been happy.
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  • On health care, the G.O.P. has profited from the unpopularity of Obamacare, but we are now at Year 6 and counting without anything more than the pretense of a conservative alternative.
  • These failures have not been for want of policy options; they’ve been for want of ingenuity and will.
  • A plausible Obamacare alternative requires a tax credit for purchasing insurance; a middle-class tax cut requires, well, a middle-class tax cut. If you want these things, you probably can’t have certain other priorities beloved by the party’s donor base — like, say, the lowest possible top marginal tax rate
Javier E

Is There a Silver Lining to Citizens United? - The New York Times - 0 views

  • Representative John Sarbanes, Democrat of Maryland and lead sponsor of The Government by the People Act, described the current post-Citizens United reform strategy as “the empowerment approach” as opposed to a “rules based approach.
  • “The thing about money is that it always seems to find a way around the rules,” Sarbanes said. A “power-based reform” seeks to “match power with power” instead
  • The first is a shift away from candidate dependence on PACs and other special interest sources and an increase in the amount of money politicians raise from their own constituents.
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  • The second effect cited by reformers is the increased likelihood of adoption of legislation generally opposed by business interests, including increases in minimum wage and liberalized family leave policies
  • The third positive consequence cited by advocates of public financing is the election of more working class and moderate income men and women to state legislatures and city councils.
  • Since the Sarbanes bill uses taxpayer money and raises the possibility of shifting legislative bodies to the left, it has zero chance of enactment as long as Republicans control either branch of Congress.
  • “It’s gotten to the point where the only people who can run are those who have contact lists rich enough to raise millions.”
  • He warned that Congress has become the equivalent of the House of Lords.
  • In testimony to the New York state Moreland Commission in 2013, Malbin argued that increased small donor participation is a way to counteranother kind of more systemic corruption: the corruption of representation that occurs when candidates spend so much of their time raising campaign money from rich contributors.
  • I have nothing against rich contributors, but the system needs broader participation. Surveys make it clear that those who can afford large contributions do not have the same policy interests or priorities as most citizens. When office holders spend so much time hearing from big donors, they get a slanted view of the public’s priorities.
  • The current system of financing federal campaigns is out of whack. The power of the rich – captured in the Oct. 10 Times story about “the 158 families that have provided nearly half of the early money for efforts to capture the White House” – defies even the very elastic boundaries of American democracy.
  • The Roberts court has deregulated campaign finance on the premise that the only legitimate grounds for restricting money in politics is to prevent explicit corruption. In doing so, however, the court has sanctioned a pervasively corrupt regime.
  • The more central problem of money in politics is something just as troubling but much harder to see: systems in which economic inequalities, inevitable in a free market economy, are transformed into political inequalities that affect both electoral and legislative outcomes. Without any politician taking a single bribe, wealth has an increasingly disproportionate influence on our politics. While we can call that a problem of “corruption,” this pushes the limits of the words too far (certainly far beyond what the Supreme Court is going to entertain as corruption) and obscures the fundamental unfairness of a political system moving toward plutocracy.
  • The long run solution, Hasen argues — with reasoning I find unimpeachable — is a Supreme Court “that will accept political equality as a compelling interest that justifies reasonable campaign regulations.”
lenaurick

Soros: American people want democracy back (Opinion) - CNN.com - 0 views

  • there's only one reason New York is an essential campaign stop for candidates from all 50 states: money.
  • those of us who provide the money extraordinary access to our elected leaders and candidates. We can shape how candidates talk about an issue, influence what issues they might choose to highlight or ignore, and entice promises about what they will do in office.
  • private donors on both the left and right, advocate for policies that we perceive to be in the public interest, our perspective is dramatically unrepresentative of the American electorate. Top political donors are overwhelmingly male, white, urban, and, of course, rich.
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  • many other donors have only their self-interest in mind and give to curry favor with the lawmakers who can help or hurt their fortunes. Most members of Congress, who are dependent on this money for their re-election campaigns, have to listen.
  • Once implemented, every voter in Seattle will receive $100 in vouchers that can be used to support candidates for city office who voluntarily accept spending and contributions limits.
Javier E

The Republican Party's 50-State Solution - The New York Times - 0 views

  • The sustained determination on the part of the conservative movement has paid off in an unprecedented realignment of power in state governments.Seven years ago, Democrats had a commanding lead in state legislatures, controlling both legislative chambers in 27 states, nearly double the 14 controlled by Republicans. They held 4082 state senate and house seats, compared to the Republicans’ 3223.Sweeping Republican victories at the state level in 2010 and 2014 transformed the political landscape
  • By 2015, there were Republican majorities in 70 percent — 68 of 98 — of the nation’s partisan state houses and senates, the highest number in the party’s history. (Nebraska isn’t counted in because it has a non-partisan, unicameral legislature.) Republicans controlled the legislature and governorship in 23 states, more than triple the seven under full Democratic control.
  • “How the Right Trounced Liberals in the States,” by Alexander Hertel-Fernandez and Theda Skocpol, in the Winter edition of the journal Democracy, documents the failure of the left to keep pace with the substantial investments by the right in building local organizations.
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  • Away from the national level, the commitment of conservative donors to support a power shift in state government illustrates the determination of the right to eliminate regulatory and legal constraints on markets where their money has proven most productive.
  • Attempts to control the White House have become far more risky with the rise of a strong Democratic presidential coalition. In 2012, conservative groups put $700 million in a bid to win the presidency, two and a half times as much as liberal groups, but Obama still won decisively.
  • The willingness of conservatives to weather difficulty and to endure prolonged delay has been demonstrated repeatedly over the past decades.
  • the result for conservatives is thatyour volunteers and paid activists come out of a values-based institution, which is essentially not a political institution. People are there because of their values. If you come to politics from a club or church or veterans hall, it reinforces the stickiness of your work, your willingness to keep at it even if you are tired.
  • When the State Policy Network was founded in 1986, it had 12 affiliated state-based groups and a goal of creating an “interstate freedom network” to spread “the growth of freedom across America until a permanent freedom majority is built.” Today, there are one or more affiliated organizations in every state.
  • An examination of IRS reports from all of these conservative groups shows total spending in just one year, 2013, of $142.2 million, with the Texas Public Policy Foundation’s $8.9 million the largest expenditure.
  • The complex transactions between the foundations in the Koch Brothers network obscure the dollar amount of their investments in state and local organizations. But the Koch Companies’ June Quarterly Newsletter notes that the Koch brothers “hope to raise $889 million by the end of 2016, about two-thirds of which will help support research and education programs, scholarships and other efforts designed to change policies and promote a culture of freedom in the United States.”
  • the right can tap into an embeddedstructure of community-based cultural, religious, social organizations — churches, Elks, veterans halls, gun groups, local business organizations, etc. — that are gathering places with offices, meeting halls, phones and computers that can be used by activist troops for logistical and operational support.
  • In 1973, as the Watergate scandal was closing in on the Nixon administration, conservatives financed the creation of two institutions: the Heritage Foundation to counter the left on national policy, and the American Legislative Exchange Council (ALEC) to foster state-based conservative lobbies, interest groups and foundations.
  • “progressives don’t have these community based, indigenous resources to educate, organize and mobilize troops anymore.” With the exception of unions, “we have fewer local places to gather and belong.”
  • In 2004, major liberal donors financed two new national groups created specifically for the 2004 presidential election — Americans Coming Together ($79,795,487) and the Joint Victory Committee ($71,811,666).
  • Despite the investment, the Democratic nominee, John Kerry, lost. At that point, the liberal donor community came to general agreement that the left needed a secure a permanent infrastructure at the national level to compete with such conservative institutions as the Chamber of Commerce, the American Enterprise Institute, Americans for Tax Reform and Heritage.
  • A year later, Democracy Alliance established its goal of building a “progressive infrastructure that could help counter the well-funded and sophisticated conservative apparatus in the areas of civic engagement, leadership, media, and ideas.”At a national level, the alliance has played a significant role in the development of such groups as the Center for American Progress, a liberal think tank; Catalist, which builds and maintains voter lists; and Media Matters, which seeks to document and discredit “conservative misinformation throughout the media.”
  • It has begun to appear that the twenty-first century progressive brain is not as interested in clubs, communities and cultural sharing as the conservative brain is.
  • How, Stein asked, “could we have lost that? How does a communitarian world view lose its communitarian sense of self?”
  • the nature of political liberalism has changed.
  • The liberalism of the 1930s and 1940s was shaped by the Great Depression, and the response was, in many respects, communitarian: the strengthening of unions, the provision of jobs and government benefits to the poor and unemployed and the creation of a safety net to provide a modicum of security.
  • The left has, in part, shifted focus, with more stress on the values of self-expression and self-fulfillment, on individual liberation from the constraints of traditional morality, especially sexual morality — what my colleague Ross Douthat calls “The Liberalism of Adult Autonomy” or “the morality of rights.” Economic liberalism – despite progress on the minimum wage - has lost salience.
  • Instead of communitarian principles, the contemporary progressive movement — despite its advocacy of local issues like community policing — has produced a counterpart to conservative advocacy of free markets: the advocacy of personal freedom.
  • Insofar as liberals continue to leave the state-level organization to conservatives, they are conceding the most productive policy arenas in the country.
  • As left interests are being cut out of this process, the groundbreaking work is being done on the right. The losses for the Democratic Party and its allies include broken unions, defunded Planned Parenthood, lost wetlands and forests, restrictive abortion regulations and the proliferation of open-carry gun laws.
  • conservatives have overseen the drawing of legislative and congressional districts that will keep Republicans in power over the next decade. In this way, through the most effective gerrymandering of legislative and congressional districts in the nation’s history, the right has institutionalized a dangerous power vacuum on the left.
Javier E

Why American capital will vote R in 2020 - The Washington Post - 0 views

  • The book’s starting premise is acknowledging the mid-2000s slowdown in labor productivity growth in the advanced industrialized economies. There are lots of debates about why there was a productivity slowdown and whether it can be reversed.
  • Mother Jones, connects the contributions made by wealthy donors to the GOP and their push for the 2017 tax cut
  • In a polarized political climate, secular stagnation will encourage America’s economic elite to tilt further rightward in the coming decade, even though the Republican Party will continue to drift in a populist direction, supporting new barriers to international trade and migration.
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  • In the past, economic elites might have been comfortable with a market-friendly approach from left-leaning parties. In the future, that comfort will fade, because both the political space for a moderate left approach to governing and the economic growth generated by such an approach appear to be shrinking
  • Between accommodating economic populism from the left and nationalist populism from the right, plutocrats will opt for the latter. Populist nationalism will not generate greater economic growth, but it does lead to redistribution that favors owners of capital.
  • They do like the tax cuts, light regulatory touch and business-friendly judiciary, however. Equally important, they like it a lot more than anything that the left is offering them
  • here are three stories over the past month or so that support the arguments made in the chapter.
  • This volume asked a different question: What happens to the U.S. political economy if the slowdown is the new status quo?
  • As Rep. Chris Collins said at the time, “My donors are basically saying, ‘Get it done or don’t ever call me again.
  • From the time the tax bill was first introduced on Nov. 2, 2017, until the end of the year, a 60-day period, dozens of billionaires and millionaires dramatically boosted their political contributions unlike they had in past years, giving a total of $31.1 million in that two months,
  • Second, Ben White wrote in Politico about the wariness that Wall Street feels toward the Democratic presidential candidates. His opening sentence: “Top Wall Street executives would love to be rid of President Donald Trump. But they are getting panicked about the prospect of an ultraliberal Democratic nominee bent on raising taxes and slapping regulations on their firms.”
  • Finally, the New Yorker’s Jane Mayer came out with a long story this week on the unholy marriage of Trump and Fox News. An aside in that story was the ways that Murdoch has personally profited from having an ally in the White House:
  • All of this suggests that high-net-worth individuals and cash-rich corporations are very likely to back Trump come 2020
  • In a low-growth environment, it will be very difficult for the Democrats to offer them anything appealing.
malonema1

The next GOP panic: Governors races - POLITICO - 0 views

  • Buoyed by November election results, a surge in fundraising and expectations of a massive liberal wave, Democrats are preparing for an assault on one of the GOP’s most heavily fortified positions: governors mansions.
  • But the atmospheric conditions have changed since then. Republicans are hampered by an unpopular President Donald Trump. Suburban voters are threatening to desert the party en masse. And Democrats have seen a massive increase in their fundraising numbers after gubernatorial wins in Virginia and New Jersey in November. The GOP is forced to defend 13 states that former President Barack Obama won — from Maine to New Mexico to Wisconsin — while Democrats are protecting just one — Pennsylvania — that fell to Trump.
  • Their concerns are legion: With the White House dominating the news across the country on a daily basis, pollsters are seeing signs of a prospective surge in Latino voters that could swamp Republican candidates in battleground states like Florida and Colorado, put New Mexico’s governor’s race even further out of reach and making Arizona’s competitive.
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  • With exactly half of the 26 Republican-held seats up for grabs in 2018 being left open by a departing governor, a surge of Democratic turnout could overwhelm any goodwill individual GOP incumbents may have built up in tight states. “We’re playing [on] a little bit of an uphill playing board,” said Tennessee Gov. Bill Haslam, the Republican Governors Association chairman. “Add that to the traditional challenges of having your party be in the White House, and for that president’s first midterm, and I think there’s no question we have our work cut out for us."
  • Democrats’ ebullience could be tempered by a series of potentially messy primary contests that could mar the party’s prospects in battlegrounds in at least a half-dozen states. Between the Republicans’ strong fundraising and the history of states like Iowa — which has had just two Democratic governors in the past half-century — there’s still some hope on the right.
  • But amid talk of another 2006, Democrats have uncharacteristically stepped up their fundraising operation around these races, often pitching donors on their importance to the next round of redistricting. That push has brought in checks from party mega-donors, like Haim Saban and Mark Gallogly, who previously primarily gave to federal candidates, according to filings. So entering the year, the DGA had raised four times more from individual donors than it had at this point four years earlier — on top of quadrupling its number of contributors.
  • “For far too long our party has focused on the presidential [election] every four years and hasn’t done what it needed to do on the state level,” said outgoing Virginia Gov. Terry McAuliffe, a Democrat who has pledged to spend the year campaigning for gubernatorial candidates across the country. That focus, he said, is finally starting to shift. “There’s a tsunami coming in 2018,” he predicted. “We saw it in Virginia with a record voter turnout. We saw it in Alabama."
brickol

A New Mission for Nonprofits During the Outbreak: Survival - The New York Times - 0 views

  • Upended by the coronavirus outbreak, nonprofits are laying off workers and seeking help from stretched donors.
  • Nonprofits like No Limits are ubiquitous in the United States: built on a dream, dedicated to good works, thinly capitalized. Like so much in American life, they have been upended — perhaps temporarily, maybe forever.
  • Crucial spring fund-raisers and conferences have been canceled or moved to less lucrative online venues. Donors are stretched in many directions, preoccupied with their own problems, and much less flush than they were two months ago. Nonprofits that are paid by local governments said new rules against large gatherings were making their services impossible to deliver, placing their existence at risk.
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  • “Everyone is losing revenue, and many have skyrocketing demand. You do the math,” said Tim Delaney, chief executive of the 25,000-member National Council of Nonprofits.
  • Relief efforts are underway. Foundations, traditionally not among the spryest of organizations, learned from 9/11 and severe hurricanes that they could move fast. They are quickly retooling to disburse emergency money and relax reporting requirements that are suddenly impossible to meet.
  • Bloomberg Philanthropies, Carnegie Corporation of New York, the Doris Duke Charitable Foundation and 23 other foundations as well as individual donors have created a $78 million Covid-19 rescue fund for New York City nonprofits. Grants will start going out to small and midsize social services and arts and cultural organizations on Monday. Interest-free loans will follow.
  • In hard-hit Seattle, the Seattle Foundation is administering a $14.3 million emergency program funded by local businesses, foundations and government. It released more than $10 million to 120 organizations this week.
  • Nonprofits on the front lines have been forced to be nimble. Meals on Wheels People in Portland, Ore., closed its 22 neighborhood dining locations on March 13 and switched to a no-touch delivery system for its 15,000 clients. To reduce contact even more, deliveries are made only three days a week, although they include more than one meal.
  • Demand, of course, is soaring — from a typical 10 to 15 new requests per day to as many as 100. But perhaps surprisingly, volunteers are signing up at an equally fast rate.
  • If there is any redeeming aspect of the crisis for nonprofits, it might be this: When people are allowed to re-emerge into a changed world, there will be renewed enthusiasm for many causes. Parks and wilderness, for example, have never seemed as alluring as they do now, when so many are restricted to a walk around the block.
  • First, though, things may get dicier. In a 2018 survey by the Nonprofit Finance Fund, a consultant, three-quarters of nonprofits said they would run out of cash in less than six months. Nineteen percent said they had only enough funds to last, at the most, for a month. Nonprofits live on the edge, pouring everything they have into their mission.
johnsonel7

How Bernie Sanders Is Weaponizing Joe Biden's New Donors | Time - 0 views

  • After months of internal hand wringing, the Democratic Party’s biggest financial backers have flocked to former Vice President Joe Biden. And Bernie Sanders, the Vermont Senator running as the scourge of the elite, is trying to turn it against him.
  • As the Democratic presidential race shifts into a two-person contest, two campaigns with two very different funding models are now being put to the test: Biden’s bid backed by longtime Democratic donors and bundlers who have now united behind him, and the massive grassroots movement of small-dollar donations that has fueled Sanders. In a sense, the dueling models are a microcosm of the competing visions for the Democratic Party itself: whether it will continue operating under the status quo, or shift towards the grassroots-led model the progressive wing has been pushing for years. Whoever prevails will not just get the party’s nomination, but could possibly determine its future financial model.
  • “The folks who, for a long period of time would not give me money for the campaign because they did not think [Biden] was going to be the leading candidate turned — particularly turned when Pete [Buttigieg] and Amy [Klobuchar] came on board and since [Michael] Bloomberg dropped out,” says attorney Stephen Cozen, founder of the law firm Cozen O’Connor and a Philadelphia-based Biden donor who has been raising money since he entered the race. “I’ve had a tremendous influx of contributions to the campaign from people who have said ‘You were right all along.'”
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  • According to January’s filings with the Federal Election Commission, 53% of the $25 million Sanders received in campaign donations were unitemized, or under $200. Biden could say the same for about 35% of his campaign donations. In both fundraising emails and stump speeches, Sanders is using this discrepancy to bolster his claims that “the establishment” — a term loosely defined as longtime party stalwarts and fundraisers that he frequently invokes — is on a mission to undermine his progressive movement.
  • Sanders’ grassroots support has put him in the unique position of being able to rail against these fundraising practices as part of his platform. Nearly every candidate — including Biden — began the race eschewing super PACs, which cannot coordinate with the campaigns but can spend unlimited amounts. But that stance eventually collided with the reality that it is hard to raise money while competing in a crowded field that until recently included two self-funding billionaires. Even Massachusetts Senator Elizabeth Warren, who exited the race Thursday, reversed a campaign pledge and did not disavow a super PAC when one formed to support her as she struggled to gain traction.
anonymous

'Shameful': UK and US under fire over blocked funds for Haiti cholera victims | Global ... - 0 views

  • Human rights lawyers have accused the UK and other large donors of blocking the release of a multimillion-dollar UN fund to provide relief to victims of a cholera epidemic that has killed 10,000 people in Haiti.
  • The outbreak, which affected hundreds of thousands of Haitians, was caused when infected UN peacekeepers from Nepal brought the disease to the country in 2010.
  • Ban Ki-moon said deadly outbreak that killed up thousands ‘leaves a blemish’ on United Nations’ reputation, ending six years of refusing to claim responsibility
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  • Concannon said it was “shameful” the UN couldn’t come up with even a tenth of the amount originally promised. “The underspend idea wasn’t supposed to be the end result, but low-hanging fruit.
  • A Foreign and Commonwealth Office spokesperson said: “The UK recognises the devastating impact that cholera has had on the Haitian people, and we welcome the crucial role the UN is playing to eradicate it. The UK is the fourth largest donor to the UN trust fund, in addition to other contributions to tackling cholera in Haiti.“It is for each UN member state to decide how to use returned unspent peacekeeping funds. We call on all countries to volunteer contributions to the UN trust fund from whatever source is appropriate for them.”
aidenborst

Trump's clash with GOP over using his name in fundraising ignites midterm worries - CNN... - 0 views

  • Donald Trump's push to route his supporters' money through his own political apparatus, rather than traditional Republican campaign committees, has ignited fears among GOP donors and operatives that the former president could hamstring the party's efforts to win House and Senate majorities in next year's midterm elections.
  • Letters in recent days from Trump's lawyers to the Republican National Committee and the party's House and Senate campaign arms have warned against using Trump's name to raise money.
  • "No more money for RINOS," Trump said in a Monday evening statement. "They do nothing but hurt the Republican Party and our great voting base--they will never lead us to Greatness. Send your donation to Save America PAC at DonaldJTrump.com. We will bring it all back stronger than ever before!"
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  • "I fully support the Republican Party and important GOP Committees, but I do not support RINOs and fools, and it is not their right to use my likeness or image to raise funds," Trump said in the statement.
  • "If you control the money, you control the party," Republican donor Dan Eberhart told CNN on Tuesday. "Trump has effectively stunted the RNC, NRCC and NRSC this cycle because they are going to have to spend an awful lot of time worrying about friendly fire from the MAGA crowd."
  • "The MAGA endorsement is going to loom large this cycle for everyone. When Trump puts his finger on the scales, it may prove decisive in a lot of races," said Eberhart, who said he is considering a Senate run in Arizona. "There is going to be a lot of consternation when Trump backs a different candidate than the NRSC and the NRCC in primary races. Serious people are going to get burned."
  • The RNC's chief counsel, J. Justin Reimer, told Trump's lawyers the RNC has "every right to refer to public figures" in its political speech and will "continue to do so."
  • Trump's lawyers also sent the same cease-and-desist request to the NRCC and the NRSC. A spokesman from the NRCC declined to comment and a spokeswoman from the NRSC did not respond to a request for comment.
  • "The desire is to have it both ways, where you get the former president's voters, not his baggage," said a GOP campaign strategist who requested anonymity to speak candidly about Republican incentives.
  • As a consequence, Trump's clash with party leaders "will have very little -- if any effect -- on major donors," she told CNN in an interview Tuesday.
  • "They are less concerned about a former president's agenda, or frankly, making him feel good," she added.
  • After losing the election last November, Trump amassed millions of dollars for his own political action committee as he promoted falsehoods about election fraud -- instead of plowing funds into twin US Senate races in Georgia. In the end, the Republicans lost the runoffs in early January, along with their majority in the chamber.
  • "He's all about himself. He's not about building or supporting the party."
anonymous

Republican donations surge despite corporate boycott after Capitol riots | Reuters - 0 views

  • Right after the deadly insurrection at the U.S. Capitol, dozens of U.S. companies announced they would halt political donations to the 147 Republican lawmakers who voted to overturn Donald Trump’s presidential election loss. Two months later, there is little sign that the corporate revolt has done any real damage to Republican fundraising.
  • If anything, the biggest backers of Trump’s false election-fraud narrative - such as Missouri Senator Josh Hawley and Georgia Representative Marjorie Taylor Greene - have been rewarded with a flood of grassroots donations, more than offsetting the loss of corporate money. And contributions from both small donors and rich individuals looking to fight the Democratic agenda have poured into the party’s fundraising apparatus.
  • Interviews with Republican operatives, big-money donors and fundraisers revealed little apprehension that corporate outrage over the Jan. 6 Capitol riots would damage the party’s fundraising for the 2022 congressional elections.Dan Eberhart, a major Republican fundraiser, said he had predicted for years that Trump’s support would collapse. He believed the Capitol insurrection would be the tipping point.“The data is the opposite,” Eberhart said. “You are seeing a hardening of support for Trump … I think there will be no shortage of money.”
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  • “The Democrats have become our best fundraisers,” said Fred Zeidman, a Republican donor and fundraiser in Houston and chairman of investment bank Gordian Group.
  • Ten corporate PACs examined by Reuters slashed donations in January by more than 90% compared to the same month in 2017, right after the previous presidential election. All ten of the PACs had sworn off donating to the 147 lawmakers.Asked about the corporate boycott, NRCC chairman Tom Emmer, a Minnesota congressman, told Reuters that Republican House members “don’t answer to PACs. We answer to voters.”
  • Hawley, the Missouri senator, was pilloried by Republicans and Democrats for leading the coalition of Senate objectors. He took in $969,000 in donations in January, according to a Feb. 1 memo posted on his website. That is eight times some $120,000 in donations Hawley raised in the first quarter of 2020, regulatory filings show.
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